“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”
The French Riviera's Triple Bill
The French Riviera seems likely to be a popular destination this spring, with the famous Cannes International Film Festival set for May 11 to 22 and the Formula 1 Grand Prix in the streets of neighboring Monaco scheduled for May 24. Then comes the Cannes Airshow, a business and general aviation event, from June 9 through 11. Aéroport International de Cannes-Mandelieu will host this show, where more than 50 for-sale preowned aircraft will be on display.